Offset savings, quantified.
An offset balance reduces the interest you pay without changing your scheduled repayment — so more goes to principal each period and the loan pays off faster.
Your loan
$
%
years
$
Offset money stays liquid — you can withdraw it any time. The interest saving applies for as long as the balance is there, so an emergency fund parked in offset is doing real work.
With $40,000 in offset
↓ 3y 9m sooner$178,059
Interest with offset
$596,020
Interest no offset
$774,079
Paid off in
26.3 yrs
Balance over time
SponsoredMost major lenders offer a 100% offset on standard variable loans.
Compare loans with offset